Asia Pacific Small Molecule Innovator Cdmo Market Size & Outlook
Asia Pacific small molecule innovator cdmo market, 2018-2030 (US$M)
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Asia Pacific small molecule innovator cdmo market highlights
- The Asia Pacific small molecule innovator cdmo market generated a revenue of USD 20,620.6 million in 2023.
- The market is expected to grow at a CAGR of 7.2% from 2024 to 2030.
- In terms of segment, small molecule api was the largest revenue generating product in 2023.
- Small Molecule API is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 20,620.6 million |
| Market revenue in 2030 | USD 33,610.1 million |
| Growth rate | 7.2% (CAGR from 2023 to 2030) |
| Largest segment | Small molecule api |
| Fastest growing segment | Small Molecule API |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Small Molecule API, Small Molecule Drug Product |
| Key market players worldwide | Wuxi AppTec Co Ltd, EQT Corp, Thermo Fisher Scientific Inc, Lonza Group Ltd, Catalent Inc, Siegfried Holding AG, Boehringer Ingelheim, Labcorp Holdings Inc, Piramal Pharma Solutions, CordenPharma, Cambrex |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 42.5% of the global small molecule innovator cdmo market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 33,610.1 million by 2030.
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Small Molecule Innovator CDMO Market Scope
Small Molecule Innovator CDMO Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific small molecule innovator cdmo market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to small molecule innovator cdmo market will help companies and investors design strategic landscapes.
Small molecule api was the largest segment with a revenue share of 61.67% in 2023. Horizon Databook has segmented the Asia Pacific small molecule innovator cdmo market based on small molecule api, small molecule drug product covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific held the largest share of 42.45% in 2023 and is expected to maintain this dominance over the forecast period. In the past decade, the manufacturing of pharmaceutical products has been increasingly outsourced to Asian countries.
For instance, according to data published by Outsourced Pharma in March 2023, in India, there were an estimated 100 CROs & CDMOs that provide their services globally.
Asia Pacific is expected to witness rapid growth in its pharmaceutical industry due to rising healthcare expenditure, increasing prevalence of chronic diseases, and improving healthcare infrastructure. This is expected to drive the demand for small molecule APIs and CDMO services.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific small molecule innovator cdmo market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific small molecule innovator cdmo market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific small molecule innovator cdmo market size, by country, 2018-2030 (US$M)
Asia Pacific Small Molecule Innovator CDMO Market Outlook Share, 2023 & 2030 (US$M)
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